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Current as of March 08, 2022 | Updated by FindLaw Staff
A. Within ten days after receiving their respective certificates of election, the president and each director shall qualify for his respective office by taking and subscribing the official oath and filing a bond as provided in this section.
B. The president and each director shall execute an official bond in the amount of one thousand dollars which shall be approved by the judge of the superior court of the county where the organization of the district was effected and recorded in the office of the county recorder of such county. The bond together with the official oath shall be filed with the secretary of the board of directors. All official bonds provided for by this article shall be in the form prescribed by law for the official bonds of county officers.
C. If a vacancy occurs in the office of president or director, it shall be filled by majority vote of the remaining members of the board of directors. A president or director so appointed shall qualify within ten days after receiving notice of his appointment in the same manner as provided for directors elected to such office, and shall hold office only until the next regular election of the district and until his successor is elected and qualified.
Cite this article: FindLaw.com - Arizona Revised Statutes Title 48. Special Taxing Districts § 48-2390. Qualification of directors; bond; appointment to fill vacancy - last updated March 08, 2022 | https://codes.findlaw.com/az/title-48-special-taxing-districts/az-rev-st-sect-48-2390/
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